Ghana Bonds Extend Losses on Profit Taking Before Debt Exchange

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Norinchukin to Sell $63 Billion of Sovereign Bonds to Cut LossesNorinchukin Bank plans to sell roughly 10 trillion yen ($63 billion) in US and European sovereign bonds to stem losses from wrong-way bets on interest rates, according to a spokesperson for the Japanese agriculture bank.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Ghana Bondholders Told to Take More Losses to Match UK, ChinaGhana’s eurobond holders need to take more losses as the nation works to restructure debt to match payment cuts accepted by countries such as the UK and China, social-justice organizations said.
Source: BNNBloomberg - 🏆 83. / 50 Read more »